Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 10

INPUT AND OUTPUT

Submitted By:
Group No.6
Roadmap
 Three Problems of Economic Organization
 Input
 Output
 Economic Problems in terms of
INPUT & OUTPUT

The Three Problems of
Economic Organization

 The key economic questions are:


 What is to be
 produced?

The Three Problems of
Economic Organization

 The key economic questions are:


 How to produce?

The Three Problems of
Economic Organization

 The key economic questions are:


 For Whom they


 are produce?

INPUT
 Commodities or Services
OUTPUT
 Goods or Services
Factor of Production
 Land

 Labor

 Capital
Economic Problems in terms of
INPUT & OUTPUT
 WHAT – Output
 HOW – Production & Technique
 For WHOM - Output
Thank You

You might also like